Don’t take my word for it: NPR money people say LeBron underpaid

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Like a lot of news programs, National Public Radio has taken to trying to explain the complexities of the economy to people like me with a new segment — Planet Money — that breaks it all down into layman’s terms.

Their piece on Friday — how LeBron James is underpaid at $17.5 million, but that is good for the league overall.

“He’s getting hosed,” says Kevin Grier, an economist from the University of Oklahoma…

Now all (the rules of the salary cap and maximum salaries) are all laid out in the collective bargaining agreement between the owners and the players. Why would the players want this system? Because most players are not LeBron James.

“The union votes on the contract by majority rule,” Grier says. “The guy in the middle is the crucial voter.”

The salary cap means that some of the money that would otherwise go to James goes to the guy in the middle.

He then goes on to talk about how the salary cap and luxury tax make it possible for Oklahoma City or even a medium market like Miami to have a title contender. Otherwise, the Lakers and Knicks could just go Yankees on the league and guy everyone good up. Even with the cap there are times it feels like they do (because they are willing to pay a tax others are not).

It should be noted LeBron with endorsements, LeBron is making $57.6 million this year, according to Forbes.

This is a lot of stuff we talked about during the lockout — if you really wanted to kill off “super teams” you would remove the max salary but leave the cap and tax in pace. Someone like LeBron would draw $40 million a year — not just because what he does on the court but because what he means for ticket sales, sponsorships in the arena, regional television revenue and more. At that price you couldn’t pair superstars.

Of course, is that what fans really want? Some say yes but ratings say no — we watch the super teams.

But I don’t think you’ll see a dramatic change in the salary structure in the NBA in the near future. As the economy picks up and revenue starts increasing (as it is this year) I think there will be a balance and a desire on both the part of the owners and the players to not go through another lockout. At least I hope they look at hockey and think so.

Report: Raptors won’t sign Vince Carter if he gets bought out

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Of returning to the Raptors, Vince Carter said, “It’ll happen one day.” It sounds as if the Kings would buy him out if he wants.

Will he end the season with Toronto?

Josh Lewenberg of TSN 1050:

After speaking with a few team sources, I can confirm that they’ve had internal dialogue and debate about the idea of bringing Vince Carter back. It’s something that they wanted to do over the summer. That’s why they made him an offer, something that I’ve reported in the past. And it’s also something that they’d be open to in the future, perhaps next year in some capacity. But they’ve decided now is not the right time. And I think the consensus seems to be there’s so much going on right now, and they want this season to be about this team, their accomplishments and their playoff push and not the sideshow that I think would come with a Vince Carter return.

The Raptors (41-16) are on pace for their best record ever. They’re excelling offensively and defensively. Kyle Lowry and DeMar DeRozan are spearheading a more dynamic offense that spurs hope for more playoff success.

Toronto is probably correct to save the Carter reunion for another year – though it depends who else is available. That 15th roster spot could be useful. If Carter is the best player who’d sign, the Raptors should sign him and deal with the hoopla.

But it’s not clear whom they could get or whether they could even get Carter. He hasn’t sounded like someone who’d forgo guaranteed salary to play for the minimum.

Tiago Splitter announces retirement

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Tiago Splitter was so effective in his role for the Spurs during their playoff run to the 2014 title – 19.1 PER, .239 win shares per 48 minutes, +7.5 box plus-minus. It gets forgotten, because he twice lost his starting job that postseason.

Limited by a late start in the NBA and injuries, Splitter’s prime was short and ill-timed. He was a traditional center just as those were going out of style.

But for moments in the right matchups, he provided a major boost to a championship team. That was the peak of a seven-year NBA career.

HoopsHype:

Tiago Splitter announced his retirement at the age of 33 in an interview with SporTV.

Splitter just couldn’t get healthy. He missed 150 games over the last three years with the Spurs, Hawks and 76ers.

Drafted No. 28 in 2007, Splitter remained overseas for a few years and built hype and intrigue. He signed with San Antonio and started alongside Tim Duncan for a couple years. The Spurs later dumped him on Atlanta to clear space for LaMarcus Aldridge – a sign of Splitter’s success. He earned about $47 million in his NBA career.

J.J. Redick apologizes for saying what sounded like a slur for Chinese people

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76ers guard J.J. Redick explained saying what sounded like a slur for Chinese people – he was tongue-tied. But he didn’t actually apologize, and that bothered many.

Now, he’s getting that part right.

Redick:

Maybe Redick really did just stumble over his words. Based on the inflection, it certainly sounds possible.

Maybe he thought he was being funny then got caught.

He’d respond now the same way now either way. Maybe it’s just unfortunate he’s caught up in this. Maybe he’s using plausible deniability to get away with something.

I don’t know, but it’s good he apologized. People can apologize for accidents, and it usually helps make everyone feel better and move on.

Adam Silver: ‘Sounds like’ NBA All-Star draft will be televised next year

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NBA commissioner Adam Silver said the point of the All-Star draft wasn’t to create a new TV event, but a better All-Star game. He even pointed out Stephen Curry favored not televising the draft this year.

But All-Star after All-Star – from captain LeBron James to last pick LaMarcus Aldridge – expressed a comfort with the selections being known. Good thing, because most of the draft order leaked, anyway.

So, will the draft be televised next year?

Silver, in an interview with Ramona Shelburne of ESPN:

I was misinterpreted the other day, because people thought I was diming Steph by saying he didn’t want to televise it. I have no idea whether he wanted to televise it. What he said after the decision came not to televise it, he said let’s give it a chance to see if it works, and then if it works, then we’ll televise it. So, I said I agree with him. But I don’t know whether he was for or against it.

By the way, I’ll take as much responsibility. When we sat with the union and we came up with this format, we all agreed, let’s not turn something that’s 100 percent positive into a potential negative to any player. But then maybe we were overly conservative, because then we came out of there, and the players were, “We can take it. We’re All-Stars. Let’s have a draft.” So it sounds like we’re going to have a televised draft next year. But I’ve got to sit with LeBron and all the guys in the union and figure it out.

Overly cautious is right. This year was a missed opportunity. But the more important thing is getting next year right.

It sounds as if the NBA will.